Question 1

MIS is a business function.Which of the following does MIS perform to help aid the company in decision making and problem solving?

Accepted Answer

A) moves information about people 
B) moves processes across the company to improve systems 
C) moves information about products 
D) All of these are correct. 
A) moves information about people 
B) moves processes across the company to improve systems 
C) moves information about products 
D) All of these are correct.

Question 2

Your boss has asked you to analyze the music industry using Porter's five forces model.Which of the following represents the threat of substitute products or services in the music industry?

Accepted Answer

A) established record labels like EMI, Sony, Universal 
B) independent record labels 
C) game systems like Wii, social networks like Facebook 
D) Taylor Swift, Beyoncé, The Beatles, The Stones 
A) established record labels like EMI, Sony, Universal 
B) independent record labels 
C) game systems like Wii, social networks like Facebook 
D) Taylor Swift, Beyoncé, The Beatles, The Stones

Question 3

What is included in a SWOT analysis?

Accepted Answer

A) strengths, weaknesses, organizations, and technology 
B) strengths, weaknesses, opportunities, and threats 
C) success, willingness, opportunities, and technology 
D) success, weaknesses, organizations, and threats 
A) strengths, weaknesses, organizations, and technology 
B) strengths, weaknesses, opportunities, and threats 
C) success, willingness, opportunities, and technology 
D) success, weaknesses, organizations, and threats

Question 4

Which of the following are included as potential external weaknesses in a SWOT analysis that are harmful to an organization?

Accepted Answer

A) core competencies, market leaders, cost advantages, excellent management 
B) lack of strategic direction, obsolete technologies, lack of managerial talent, outdated, product line 
C) expanded product line, increase in demand, new markets, new regulations 
D) new entrants, substitute products, shrinking markets, costly regulatory requirements 
A) core competencies, market leaders, cost advantages, excellent management 
B) lack of strategic direction, obsolete technologies, lack of managerial talent, outdated, product line 
C) expanded product line, increase in demand, new markets, new regulations 
D) new entrants, substitute products, shrinking markets, costly regulatory requirements

Question 5

Which of the following represents the types of data commonly found in the finance department?

Accepted Answer

A) monetary data 
B) technology data 
C) production data 
D) employee data 
A) monetary data 
B) technology data 
C) production data 
D) employee data

Question 6

The Internet of Things (IoT) is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Accepted Answer

A) True 
 B)False

Question 7

Where would you categorize weaknesses in a SWOT analysis?

Accepted Answer

A) internal, helpful 
B) internal, harmful 
C) external, helpful 
D) external, harmful 
A) internal, helpful 
B) internal, harmful 
C) external, helpful 
D) external, harmful

Question 8

If a supplier has high power, what can it do to influence its industry?

Accepted Answer

A) charge higher prices 
B) shift costs to industry participants 
C) limit quality or services 
D) All of these are correct. 
A) charge higher prices 
B) shift costs to industry participants 
C) limit quality or services 
D) All of these are correct.

Question 9

Callie owns and operates one of the most successful local coffee shops in Denver called The Edgewater Café.Each time a customer purchases their 100th cup of coffee at The Edgewater Café, they receive a free pound of coffee of their choice.What is Callie attempting to create with her unique "Free Pound of Coffee" marketing program?

Accepted Answer

A) reducing buyer power with a loyalty program 
B) increasing buyer power with a loyalty program 
C) decreasing supplier power with a differentiated product 
D) creating a substitute product 
A) reducing buyer power with a loyalty program 
B) increasing buyer power with a loyalty program 
C) decreasing supplier power with a differentiated product 
D) creating a substitute product

Question 10

MIS can add value to both primary activities and support activities in the value chain.Which of the following is NOT an example of a company adding value by the use of MIS in a primary activity?

Accepted Answer

A) Scottrade Corp.creating an online system for employees to track paychecks, benefits, wellness rewards program, and other employee benefit items 
B) a system for the sales and marketing departments to track specific sales targets and follow up processes 
C) an easy electronic survey, similar to the survey monkey, to be sent to the customer right after a service was completed 
D) Royal Crest Dairy using their custom order and delivery system through an easily accessible Web portal for the customer to track delivery status 
A) Scottrade Corp.creating an online system for employees to track paychecks, benefits, wellness rewards program, and other employee benefit items 
B) a system for the sales and marketing departments to track specific sales targets and follow up processes 
C) an easy electronic survey, similar to the survey monkey, to be sent to the customer right after a service was completed 
D) Royal Crest Dairy using their custom order and delivery system through an easily accessible Web portal for the customer to track delivery status

Question 11

Cheryl is the operations manager for Nature's Bread Company, which specializes in providing natural products for health conscious individuals.Cheryl is responsible for compiling, analyzing, and evaluating daily sales numbers to determine the company's profitability and forecast production for the next day.Which of the following is an example of the type of information Cheryl would be using to successfully perform her job?

Accepted Answer

A) Craig Newmark is customer number 15467. 
B) Flour Power is supplier number 8745643. 
C) best-selling product by day 
D) Best-selling product changes when Tony the best baker is working. 
A) Craig Newmark is customer number 15467. 
B) Flour Power is supplier number 8745643. 
C) best-selling product by day 
D) Best-selling product changes when Tony the best baker is working.

Question 12

MIS is a business function, like accounting or sales, which moves information about people, products, and processes across the company to facilitate decision making and problem solving.What does MIS stands for?

Accepted Answer

A) Management Information Strategy 
B) Management Intelligence System 
C) Management Information System 
D) Management Information Strategist 
A) Management Information Strategy 
B) Management Intelligence System 
C) Management Information System 
D) Management Information Strategist

Question 13

Which of the following represents the types of data commonly found in the accounting department?

Accepted Answer

A) tax data 
B) payroll data 
C) transactional data 
D) All of these are correct. 
A) tax data 
B) payroll data 
C) transactional data 
D) All of these are correct.

Question 14

When a company is the first to market with a competitive advantage, this is called a first-mover advantage.All of the following companies were first-movers except ____________.

Accepted Answer

A) FedEx - online self-service software 
B) Apple - iPad 
C) Apple - iPod 
D) Microsoft - Bing Search Engine 
A) FedEx - online self-service software 
B) Apple - iPad 
C) Apple - iPod 
D) Microsoft - Bing Search Engine

Question 15

Compare Porter's three generic strategies.

Accepted Answer

Organizations typically follow one of Po

Question 16

What are the two main categories in a value chain analysis?

Accepted Answer

A) primary value activities and secondary value activities 
B) primary value activities and support value activities 
C) primary value activities and strengthening value activities 
D) None of these are correct. 
A) primary value activities and secondary value activities 
B) primary value activities and support value activities 
C) primary value activities and strengthening value activities 
D) None of these are correct.

Question 17

Your boss has asked you to analyze the music industry using Porter's five forces model.Which of the following represents supplier power in the music industry?

Accepted Answer

A) established record labels like EMI, Sony, Universal 
B) Walmart, Target, iTunes 
C) game systems like Wii, social networks like Facebook 
D) Taylor Swift, Beyoncé, The Beatles, The Stones 
A) established record labels like EMI, Sony, Universal 
B) Walmart, Target, iTunes 
C) game systems like Wii, social networks like Facebook 
D) Taylor Swift, Beyoncé, The Beatles, The Stones

Question 18

What is the name of a company's internal computer department?

Accepted Answer

A) Management Information Systems (MIS) 
B) Information Systems (IS) 
C) Information Technology (IT) 
D) All of these are correct. 
A) Management Information Systems (MIS) 
B) Information Systems (IS) 
C) Information Technology (IT) 
D) All of these are correct.

Question 19

If you were thinking about a home theater system, which of the following represents the feedback?

Accepted Answer

A) the DVD player, DVD movie, speakers, TV, and electricity 
B) playing the movie including the audio through the speakers and the video on the TV 
C) a message stating that the disk is dirty and cannot be played 
D) spinning the disk to play, pause, rewind, or fast forward 
A) the DVD player, DVD movie, speakers, TV, and electricity 
B) playing the movie including the audio through the speakers and the video on the TV 
C) a message stating that the disk is dirty and cannot be played 
D) spinning the disk to play, pause, rewind, or fast forward

Question 20

Your boss has asked you to analyze the soft drink industry using Porter's five forces model.Which of the following represents rivalry in the soft drink industry?

Accepted Answer

A) Pepsi requires stores that carry Pepsi products to commit to minimum orders of 1,000 cases. 
B) Walmart negotiates a lower cost per bottle from Coke in exchange for premium shelf space in every Walmart store. 
C) Zevia Natural Diet Soda begins selling directly over the Internet. 
D) Coke and Pepsi submit bids to the owner of a football stadium for the exclusive sale of their products during games. 
A) Pepsi requires stores that carry Pepsi products to commit to minimum orders of 1,000 cases. 
B) Walmart negotiates a lower cost per bottle from Coke in exchange for premium shelf space in every Walmart store. 
C) Zevia Natural Diet Soda begins selling directly over the Internet. 
D) Coke and Pepsi submit bids to the owner of a football stadium for the exclusive sale of their products during games.

MIS is a business function.Which of the following does MIS perform to help aid the company in decision making and problem solving?

Your boss has asked you to analyze the music industry using Porter's five forces model.Which of the following represents the threat of substitute products or services in the music industry?

What is included in a SWOT analysis?

Which of the following are included as potential external weaknesses in a SWOT analysis that are harmful to an organization?

Which of the following represents the types of data commonly found in the finance department?

The Internet of Things (IoT) is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Where would you categorize weaknesses in a SWOT analysis?

If a supplier has high power, what can it do to influence its industry?

MIS can add value to both primary activities and support activities in the value chain.Which of the following is NOT an example of a company adding value by the use of MIS in a primary activity?

MIS is a business function, like accounting or sales, which moves information about people, products, and processes across the company to facilitate decision making and problem solving.What does MIS stands for?

Which of the following represents the types of data commonly found in the accounting department?

When a company is the first to market with a competitive advantage, this is called a first-mover advantage.All of the following companies were first-movers except ____________.

Compare Porter's three generic strategies.

What are the two main categories in a value chain analysis?

Your boss has asked you to analyze the music industry using Porter's five forces model.Which of the following represents supplier power in the music industry?

What is the name of a company's internal computer department?

If you were thinking about a home theater system, which of the following represents the feedback?

Your boss has asked you to analyze the soft drink industry using Porter's five forces model.Which of the following represents rivalry in the soft drink industry?

Decisions and Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics and Information Security: Mis Business Concerns: Module 2: Technical Foundations of MIS

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business: Module 3: Enterprise MIS

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporateresponsibility

Hardware and Software Basics

Networks and Telecommunications

Designing Data-Bases-Apply Your Knowledge-Glossary

Filters

Exam 1: Management Information Systems: Business Driven MIS

MIS is a business function.Which of the following does MIS perform to help aid the company in decision making and problem solving?

Your boss has asked you to analyze the music industry using Porter's five forces model.Which of the following represents the threat of substitute products or services in the music industry?

What is included in a SWOT analysis?

Which of the following are included as potential external weaknesses in a SWOT analysis that are harmful to an organization?

Which of the following represents the types of data commonly found in the finance department?

The Internet of Things (IoT) is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

Where would you categorize weaknesses in a SWOT analysis?

If a supplier has high power, what can it do to influence its industry?

MIS can add value to both primary activities and support activities in the value chain.Which of the following is NOT an example of a company adding value by the use of MIS in a primary activity?

MIS is a business function, like accounting or sales, which moves information about people, products, and processes across the company to facilitate decision making and problem solving.What does MIS stands for?

Which of the following represents the types of data commonly found in the accounting department?

When a company is the first to market with a competitive advantage, this is called a first-mover advantage.All of the following companies were first-movers except ____________.

Compare Porter's three generic strategies.

What are the two main categories in a value chain analysis?

Your boss has asked you to analyze the music industry using Porter's five forces model.Which of the following represents supplier power in the music industry?

What is the name of a company's internal computer department?

If you were thinking about a home theater system, which of the following represents the feedback?

Your boss has asked you to analyze the soft drink industry using Porter's five forces model.Which of the following represents rivalry in the soft drink industry?

Decisions and Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics and Information Security: Mis Business Concerns: Module 2: Technical Foundations of MIS

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business: Module 3: Enterprise MIS

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporateresponsibility

Hardware and Software Basics

Networks and Telecommunications

Designing Data-Bases-Apply Your Knowledge-Glossary

Filters